Bitmain Buys Browser Based Bitcoin Cash Wallet- Telescope

Bitmain, the cryptocurrency mining supplier behemoth recently announced its Hong Kong IPO and has now announced that it has acquired bitcoin cash startup.

Yes, Bitmain has been busy this past couple of months. The telescope is a bitcoin cash wallet supporting Google Chrome and Firefox, to enable instant transactions. This came into existence earlier this year. However, the team has plans to expand it to other platforms as well.

The lead developer at Telescope, Aaron Angert says “I am extremely proud of what Telescope has been able to achieve so far. I am excited for its future with the additional help and support of Bitmain.”

We are honored to be a part of the Bitcoin Cash community, as a vibrant collection of individuals. Contributing to the development of blockchain technology and the cryptocurrency industry.

BitPay and moneybutton.com support this app. The wallet maintains storage of a cryptographic key within the browser extension. Additionally, here are the download links:

Chromehttps://chrome.google.com/webstore/detail/telescope-bitcoincash-web/oahplndhnkljjjpnlcnbkacomoepfgan

Firefoxhttps://addons.mozilla.org/en-US/firefox/addon/bitcoin-cash-wallet/?src=search

TELESCOPE

Head of International Press Relations and Communications at Bitmain, Nishant Sharma praised the release by Telescope saying, “simple but key innovation” to the bitcoin cash community.

He added saying, “Browser-embedded cryptocurrency wallets are a promising technology. The Telescope development team is doing some very interesting work and we look forward to working together with them on the Telescope project and future bitcoin cash projects.”

Bitmain is said to hold 6 percent of all the bitcoin cash holdings in the world and contributes to 80 percent of all the mining rigs launched in the market. However, has recently decided to go public amidst the selloff. The current price of Bitcoin cash as of October 3, 2018, is $516.30 USD.

Have you installed the extensions yet? Meanwhile, here’s the official link to their GitHub. Moreover, if you’re a real nerd/geek about the project. Give us your reviews!

Here is some relevant coverage for you:

  1. Bitmain Owned Antpool Sponsoring Houston Rockets
  2. Bitmain Technologies Ltd. Launches Crypto Mining Facility in Texas

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Kerin

Kerin is active blogger and guest writer at Coinpedia. She loves writing new updates, price fluctuations and possible insights. Kerin frequently search, review and share her views among large audience via crypto media firms.

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